Drug Discovery · Waltham, MA · Founded 2005 · Privately Held (backing)
Developer of novel therapeutic in-situ forming materials designed to improve the clinical-stage drug delivery system. Arsenal Medical is based in Waltham, MA and was founded in 2005. It was valued at $124 million at its later-stage round in Jun 2025, the last priced event on record. It has raised $46.8 million across 4 recorded rounds; the latest was a $6 million early-stage round in May 2019.
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